M Holdings Securities Inc. Takes Position in iShares Russell 2500 ETF $SMMD

M Holdings Securities Inc. purchased a new stake in shares of iShares Russell 2500 ETF (BATS:SMMD) in the second quarter, Holdings Channel.com reports. The firm purchased 24,009 shares of the company’s stock, valued at approximately $2,200,000.

Several other institutional investors have also recently made changes to their positions in the company. Glenmede Trust Co. NA boosted its stake in iShares Russell 2500 ETF by 12.1% during the first quarter. Glenmede Trust Co. NA now owns 4,413,593 shares of the company’s stock valued at $336,978,000 after buying an additional 475,969 shares during the period. Fifth Third Bancorp increased its stake in iShares Russell 2500 ETF by 485.3% in the 1st quarter. Fifth Third Bancorp now owns 3,058,941 shares of the company’s stock worth $233,550,000 after acquiring an additional 2,536,353 shares during the last quarter. CENTRAL TRUST Co increased its stake in iShares Russell 2500 ETF by 27.1% in the 1st quarter. CENTRAL TRUST Co now owns 949,678 shares of the company’s stock worth $72,508,000 after acquiring an additional 202,293 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Russell 2500 ETF by 12.2% in the 3rd quarter. Bank of America Corp DE now owns 916,251 shares of the company’s stock valued at $67,555,000 after acquiring an additional 99,752 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of iShares Russell 2500 ETF by 53.0% in the 4th quarter. Focus Partners Wealth now owns 757,995 shares of the company’s stock valued at $56,804,000 after acquiring an additional 262,684 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $90.71 on Monday. iShares Russell 2500 ETF has a 12-month low of $69.94 and a 12-month high of $93.42. The company has a market cap of $1.95 billion, a PE ratio of 19.95 and a beta of 1.09. The stock has a 50-day moving average price of $90.80 and a 200-day moving average price of $85.49.

About iShares Russell 2500 ETF

The iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that is based on the Russell 2500 index, a market-cap-weighted index of US companies ranked 501-3,000 by market cap. SMMD was launched on Jul 6, 2017 and is managed by BlackRock.